MDB Krishi is a structured Loan product for agri SMEs and individual farmers. Agriculture is a potential growing sector of Bangladesh. There are a lot of emerging SMEs in 'agriculture which creates an ample opportunity of lending here and making profitability. To serve this sector MDB Krishi been designed.
|Target customers||:||All entrepreneurs- individual farmers and farm enterprises which fall under micro, cottage, small & medium enterprises, emerging corporates and other special organizations engaged in promoting the agriculture sector and its sub-sectors.|
This product will meet up funding requirement of potential agri customers and contribute to achieve the following objectives.
|Agriculture sector and its sub-sectors, Agriculture and Rural Credit Programs||:||
Relevant sectors and sub-sectors of agriculture as per Bangladesh Bank SME Agri Credit Policy are as follows:
Lending priority should be given to these sectors & their related sub sectors also as per Agri Credit Policy of Bangladesh Bank. Women entrepreneurs are to be encouraged. Retail customers/marginal farmers/barga-farmers (individual or enterprise) engaged in agri activities and other income generating activities for alleviation of poverty may be financed through linkage of MFI NGOs under MDB NGO Link Loan Scheme.
|Purpose of loan||:||
To foster development of agriculture sector with bank finance for working capital and fixed asset purchase including civil construction forshed/warehouse etc. Working capital may be extended in the form of RL and TL. While fixed assets/construction of shed/warehouse shall be financed in the form of TL. The loan will be utilized to meet up the following costs. Cost estimate to be certified by local agri officer/for cost estimate Bangladesh Bank policy (where necessary) may be followed:
||:||Bank account turnover will be encouraged.|
||:||Loans under this product will be available across the country through MDB Krishi Loan various branches/sales outlets of MDB.|
|Eligibility for re-finance||:||Applicable as per Bangladesh Bank rule or agreement with any other re-financing or pre-financing agency/s.|
||:||Up to BDT 15.00 crore including working capital and fixed asset finance. Loan size may be extended based on business viability and repayment capacity of the borrower.|